Foxconn, the Taiwanese electronics manufacturing providers firm, has utilized to determine a semiconductor fabrication unit (fab) in India. This data was shared by Rajeev Chandrasekhar, the Minister of State for Electronics and IT, in a written reply to Lok Sabha (the decrease home of India’s Parliament). The appliance has been made beneath the “modified scheme for establishing semiconductor fabs in India.”

The event comes after Foxconn exited a three way partnership with Vedanta Group to arrange a chip plant in India.

The Indian authorities has been taking measures to spice up electronics manufacturing within the nation, with a specific concentrate on semiconductors. These measures embody incentivizing massive investments in digital items and home equipment and selling exports to reinforce the electronics manufacturing ecosystem in India.